Council Finances

17-36 – Annual Code of Conduct Complaints Reporting

Under the Model Code of Conduct Procedures, each council’s complaints coordinator must report annually on a range of complaint statistics to their council and to the Office of Local Government within three months of the end of September.

17-28 – 2017-2018 Calendar of Compliance and Reporting Requirements

The 2017-18 Calendar of Compliance and Reporting Requirements is now available for councils.

17-27 – End of Year Financial Reporting 2016-17

End of year financial reporting information has been updated for 2016-17. The Financial Data Return (FDR) 2016-17 has also been updated to reflect the changes within the Local Government Code of Accounting Practice and Financial Reporting (Update No. 25). Additional worksheets have been included to capture the assets, liabilities and rating information of new entities.

17-21 – Reporting of Rates Permissible Income for 2017-18

On 29 November 2016, the Independent Pricing and Regulatory Tribunal (IPART) announced the 2017-18 rate-peg limit of 1.5%. The Special Schedule 8 Permissible Income Workpapers have been updated accordingly. The rate-peg for 2017-18 will be used to calculate the Permissible Income that will be reported and audited with the Financial Statements for 2017-18.

17-04 – Topics for local government performance audit by Auditor-General of NSW

The Auditor-General of NSW was given the mandate to conduct performance audits of a council, or the sector, as part of the Phase 1 amendments to the Local Government Act 1993.

16-21 – 2016/17 Calendar of Compliance and Reporting Requirements

The Calendar includes key statutory and other reporting deadlines for general purpose councils. For new councils, some dates may have changed by Proclamation. The following items have been added to the Calendar since last year: − Local Government Elections (unless delayed). An on-line Calendar of Compliance and Reporting is currently being developed. Councils will be advised when the facility becomes available.

16-16 – Final Code of Accounting Practice and Financial Reporting (update 24)

The final Code of Accounting Practice and Financial Reporting (Code) (update 24) is now available for use by councils in preparation of their 2015/16 financial statements.

16-07 – Special Schedule 8 Permissible Income Workpapers 2016-17

The structure of the Financial Statements has been updated for 2015-16 and as a result Special Schedule 9 has become Special Schedule 8 to fit in numerically with the Financial Statements.On 4 December 2015, the Independent Pricing and Regulatory Tribunal (IPART) announced the 2016-17 rate-peg limit of 1.8%.

16-02 – Special Variation and Minimum Rate Variation Guidelines and Process for 2016/17

To advise councils of the release of the guidelines for Special Variation and Minimum Rate Variation for the 2016/17 rating year. A council that is affected by a merger proposal will not be eligible to apply for a special or minimum rate variation for the 2016/17 rating year. The Guidelines outline the process for all other councils seeking to apply for a special or minimum rate variation for 2016/17.

15-40 – Recovery of outstanding Water Charges

What’s new or changing The NSW Ombudsman has advised that some councils are restricting or severing residential tenants’ water supply to pursue outstanding water charges owed by landowners, whether in accordance with or contrary to the council’s existing debt recovery...